All London articles – Page 7
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OnlineUS-based Merck plans £1bn research hub in King’s Cross
US pharmaceutical group Merck is planning to build a £1bn UK hub in King’s Cross, London.
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More than 40% of London workers want local workspace option, survey finds
More than 40% of professionals in Greater London want to work in a local workspace some or all of the time, according to new research from Spacemade.
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Tulip tower decision draws near
The future of the controversial Tulip tower depends on a weeks-long public inquiry in November, as its backers hope to overturn a decision that prevented planning permission for the skyscraper.
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London office rents predicted to plummet 40%
Office rents in London are predicted to plummet by as much as 40% over the next year and a half, according to new data from Society of Industrial Office Realtors (SIOR) and McCalmont-Woods Real Estate.
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Cadogan to open Beaverbrook hotel in Chelsea
Landlord Cadogan is to open a Beaverbrook hotel in Chelsea following a £25m townhouse restoration.
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The Howard de Walden Estate drops dividend amid low rent collection
The Howard de Walden Estate has slashed its dividend payments as it collected just 53% of rent owed for the three months to the end of June.
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Hines puts in offer at Landsec’s 7 Soho Square
Landsec is understood to have accepted an offer for 7 Soho Square from Hines above the asset’s guide price.
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Knight Frank exchanges on £100m GDV of London property in one week
Knight Frank has reported that in the week ending 7 August 2020, the firm’s London residential sales teams exchanged around £100m GDV of property transactions.
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Realstar launches £600m sale of over 1,300 residential units
Realstar Group has launched a £600m sale of over 1,300 units across its build-to-rent (BTR) and student accommodation portfolio in the UK.
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Quadrum gets go ahead for Victoria redevelopment
Investor developer Quadrum has been given the green light for a 150,000 sq ft redevelopment in Victoria.
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The Crown Estate backs new BIKE-DROP initiative
The Crown Estate has signed a six-month trial run of BIKE-DROP, a concept which aims to provide secure bike parking.
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Saudi billionaire snaps up £18.6m Grosvenor Square apartment
A Saudi Arabian billionaire has snapped up an apartment at 47 Grosvenor Square in Mayfair for £18.6m.
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More than a quarter of Capco shareholders vote against move for Shaftesbury stake
Capital Counties’ (Capco’s) shareholders have voted by majority (72%) in favour of acquiring a 26% stake in West End landlord Shaftesbury, but almost 28% voted against the move.
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Mansion overlooking Regent’s Park put on the market for £185m
A 19th-century mansion overlooking Regent’s Park has been put on the market for £185m in what would be the UK’s second most-expensive home purchase.
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US brokerage business Squarefoot considering UK debut
The American online brokerage company Squarefoot is considering a move to the UK with potential for a main office in the West End and a satellite office in either the City or Canary Wharf, Property Week can reveal.
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Investec supports Fitzrovia car park regeneration
Investec Structured Property Finance has agreed to provide a joint venture with a £16.6m loan for the redevelopment of a car park in Fitzrovia into an office building.
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Central London office take up down 57% in Q2 2020
Office lettings in London dropped off 57% in the second quarter of this year compared to the previous quarter, according to research by DeVono Cresa.
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British Land submits revised proposals for Paddington tower scheme
British Land has submitted revised proposals for its redevelopment of 5 Kingdom Street in Paddington to the Mayor of London.
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Royal Borough of Greenwich awards £300m modular homes contract
The Royal Borough of Greenwich has awarded A E Elkins what is believed to be the largest contract for modular council homes to date, worth £300m.
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Capreon completes Marylebone refurbishment
The real estate arm of Noé Group, Capreon, has completed the refurbishment of BMO Real Estate Partners’ former London office.
